DNV GL wins frame agreement with CLP Hong Kong

DNV GL has announced that it has been awarded a framework agreement by CLP Hong Kong to deliver risk management advisory services to its Asia Pacific operations.

The term of the contract is 2 years, with an option for further extensions and covers all CLP operations in Hong Kong, mainland China, South East Asia, Taiwan, India, and Australia.

CLP provides electricity to 80% of Hong Kong’s population through its three local power stations. It plans to increase its reliance on natural gas in line with a Hong Kong government environmental target to double generation to 50% in 2020. CLP is considering different options, including LNG supply, to secure additional gas supply for increasing future gas demand and calls for a cleaner energy mix.

Wolfgang Wu, Regional Manager for Greater China for DNV GL - Oil & Gas, commented: “Power companies are strategically planning to enhance the proportion of natural gas among their fuel mix to meet reduced emission targets and alleviate growing public concern on environmental protection. We are committed to supporting customers in all aspects of risk management in this new era of natural gas. Our integrated solutions and advanced risk management concepts and tools will enhance both operational and safety performance.”